Supply Chain Management Blogs by SAP
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steventhorne
Advisor
Advisor
1,569
Nearly a year ago, Siemens and SAP announced a partnership to help manufacturing customers break down the silos between engineering and businesses to increase their productivity, flexibility and accelerate innovation. This was going to be accomplished by delivering integrated, end-to end software solutions across product lifecycle, supply chain and asset management. The expertise and technology of both these industry leaders will be providing a true digital thread, helping enterprises drive digitalization and deliver a comprehensive Industry 4.0 solution.

What’s new

Last week, Siemens announced the next phase of this strategic partnership, with both companies delivering predictive services and collaborative asset management plus integrated portfolio and project management solutions. Siemens will begin offering  SAP® Asset Intelligence Network, the SAP Asset Strategy and Performance Management application, and the SAP Enterprise Portfolio and Project Management package.


At the same time, SAP will continue to sell the Siemens Teamcenter service lifecycle management (SLM) portfolio. Teamcenter will be the core foundation for a manufacturer’s product lifecycle collaboration and data management, enabling an ecosystem with an integrated service engineering and asset operation. As SAP’s Thomas Saueressig stated, “Siemens and SAP share a common vision for the future of industrial enterprises.... Taking advantage of cloud solutions such as the SAP Asset Intelligence Network to strengthen collaboration and information exchange, together Siemens and SAP can help our customers accelerate Industry 4.0.”

How the customer wins

Together, these powerful cloud solutions will now close the loop between IT and OT systems through a model-based digital thread. Industrial equipment manufacturers will now be able to increase critical asset operational efficiency, avoid unplanned downtime and shorten design cycles in asset engineering projects. Realizing real-time business information, feedback, and performance data over their entire product or asset lifecycle won’t be a pipe dream anymore.

We can no doubt expect more things to come from this exciting partnership. It’s off to a great start by setting a new benchmark in the industry manufacturing market for both innovation and collaboration. I'm looking forward to their anticipated session during SAPPHIRE NOW .